Let's look at it from a workflow and cost perspective.
Media Management:
Davinci has some features that make it better for multicam, but there is little real difference between FCP, Premier and Davinci. It is really preferences.
Editing:
Same across the board.
Compositing:
After Effects is easily the best. But Davinci is a strong second and FCP/Motion has fallen to 3rd. Davinci's strength is in its AI. AE's is in sfx. Motion is jack of all trades.
Color:
Davinci has long been the industry standard for color. They are by far the best. To get close in FCP or Premiere you need a plug-in.
DaVinci Resolve 17 ΓÇô Panels | Blackmagic Design
Sound:
Audition (Adobe) is a solid. Logic (Apple) benefits from some excellent plug-ins. Fairlight has been the industry standard for motion picture sound for a long time. Because Fairlight is so tightly-coupled, it has very nice ADR and video-centric features. Fairlight isn't as much of a "digital audio workstation" (DAW) as the other two. All support VSTs, so that's a wash.
Encoding:
Pretty much the same. Apple used to have better distributed rendering, but advances in GPU have made that not as critical.
Hardware:
- Adobe - No Adobe-built hardware. Lots of 3rd party.
- Apple - No Apple-built hardware. Lots of 3rd party.
- Davinci - Umm....
Workflow:
- Apple - You need FCP ($299USD), Motion ($49USD) and Logic ($199USD) to give you what you get in Davinci Resolve Studio. You will need to move between apps.
- Adobe - You need Premiere, After Effects and Audition for $52.99 a month perpetually to get what you get in Davinci Resolve Studio. You will need to move between apps.
- Davinci - $299. And if you buy a Davinci Resolve Studio 17 license right now you get a free speed editor. And you do all the work in one app.
I'm skipping all the ProRES versus Davinci RAW stuff because there is only a small audience that really cares about that but working with 6k RAW files without proxies in Davnci is amazing.
In the end, for me it is the price and what you get for that price that has me hooked on Davinci.